- The joint company brings Motivity’s Power of Innovation Labs to F500 Organizations.
- JNIT has acquired 68% of stake in Motivity Labs.
- Motivity Labs will continue to operate under its own brand and name.
DALLAS, TEXAS – Jan 20th, 2020: JNIT (www.jnitinc.com), an IT Consulting and Solutions firm with over 500+ employees and operations in US & India, has acquired Naya Ventures Portfolio Company, Motivity Labs. JNIT and Motivity Labs officially merged from January 2020. Motivity Labs will continue to operate under its own brand and name.
Motivity Labs (www.motivitylabs.com) has offices in both Dallas, Texas and Hyderabad, India and is known for their enablement of large Fortune 500 firms and local governments to accelerate innovation. Motivity Lab is currently a leading force in Big Data, Quality Assurance, Cloud Computing, and Mobile Development Services, serving customers in both the USA and India.
JNIT is a subsidiary of Magellanic Cloud, (BSE: MCLOUD). JNIT specializes in DevOps Automation, Digital Transformations, Placements, and New Product Development. JNIT has many years of experience and a proven track record of excellence. The merger has come about to build synergy and scale-up Marketing as well as deliverables.
JNIT CEO, Joseph Thumma states: ‘’We believe investing in Motivity Lab was a mix of excellent timing, as well as good chemistry. Motivity Labs is in line with Magellanic Cloud’s overall strategic vision to become a Digital Powerhouse, serving both mid-size as well as Fortune 500 organizations.’’
Motivity Labs has now been added to the family of brands operated under Magellanic Cloud. Magellanic Cloud empowers their customers with Human Capital. Through people they provide knowledge, competence, and an ability to perform work that contributes to long term value. Magellanic Cloud recognizes that not all labor is equal and that the quality of employees can be improved by investing in them through education and experience. The Magellanic Cloud mission is to make sure employees have economic value for employers and thus for our customers as a whole.